Browsing: Bankruptcy
Capital Metro, the public transport operator in Austin, Texas, has decided to store 46 newly delivered ZX5 electric buses from…
e.Volution GmbH, the parent company of StreetScooter, has filed for provisional insolvency after announcing the discontinuation of production at its…
The Swedish government has no plans to take an ownership stake in Northvolt, the lithium-ion battery maker facing financial challenges,…
Swedish Battery Maker Northvolt Explores Bankruptcy Protection in U.S. Amid Financial Challenges
By Derick Munoz
Swedish lithium-ion battery manufacturer Northvolt is reportedly considering bankruptcy protection under the U.S. Chapter 11 code as one of several…
At the start of the year, there was optimism surrounding the future of the electric StreetScooter delivery van, especially after…
Italian electric motorbike manufacturer Energica, part of the US group Ideanomics, has announced its decision to open insolvency proceedings due…
Trambuses in Paris, originally commissioned by Île-de-France Mobilités from Van Hool, will now be manufactured by Swiss company Hess. A…
Electric vehicle startup Fisker has received court approval for its bankruptcy liquidation plan, following intense negotiations that preserved the company’s…
Swedish battery manufacturer Northvolt assured Reuters on Thursday that it will be able to meet its tax obligations due on…
Swedish battery manufacturer Northvolt announced that its subsidiary, Northvolt Ett Expansion AB, has filed for bankruptcy. The filing comes after…
The U.S. Department of Justice has challenged bankrupt electric vehicle maker Fisker’s plan to shift the cost of vehicle recalls…
The U.S. Securities and Exchange Commission (SEC) is conducting an investigation into Fisker, issuing multiple subpoenas to the bankrupt electric…
Liquidators for the electric vehicle division of China Evergrande Group (3333.HK) are currently in negotiations with a potential buyer to…
Fisker Ocean owners are relieved to learn that 23 service locations across the U.S. and Canada have been confirmed for…
China Evergrande New Energy Vehicle announced on Monday that a local court has ruled that two of its subsidiaries should…
Fisker CEO Henrik Fisker and Wife Cut Salaries to $1 Amidst Company’s Bankruptcy Efforts
By Robin Cannon
Henrik Fisker and his wife Geeta Gupta-Fisker, has taken drastic measures amidst its Chapter 11 bankruptcy filing earlier this summer,…
American Lease to Acquire 3,231 Fisker Ocean Units from Inventory for $46.25 Million Amid Bankruptcy
A New York-based leasing firm, American Lease, stands to clinch a substantial deal amidst Fisker’s bankruptcy proceedings, according to recent…
Electric vehicle manufacturer Fisker announced on Friday that it is recalling more than 12,000 Ocean SUVs due to a problem…
Fisker, the electric vehicle startup, is moving towards liquidation, according to statements made by attorneys in U.S. bankruptcy court on…
Luxury electric vehicle manufacturer Fisker recently filed for Chapter 11 bankruptcy, casting doubt on its status as an automaker and…